Copart has a pretty good duopoly on the used car market, namely old ones that get into accidents. But they've experienced a pretty extreme drawdown, in what would have been a classic value investor, moat play. Does renaissance capital selling, as well as the advent of full self driving/assisted driving, and possibly increasing insurance premiums leading to less car volumes for them in the US, change your opinion on this once thought of high flier? It's PE ratio is now half of its all time highs, at a PE of 18